Bull Trend Analysis Feed http://www.bull-trend.com Bull-trend.com was designed for traders like yourself. We strive to be your number-one resource for timely, accurate and useful forex, futures and commodity quotes, charts, technical opinion, trading analysis and other market commentary. CFM 263 94 http://www.bull-trend.com http://www.bull-trend.com/bk2/img/flogo.jpg United States CFTC Oil NC net positions: 418.5K vs previous 433.8K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Sat, 25 Mar 2017 01:08:23 -0400 United States CFTC USD NC net positions dipped from previous $161.9Kand#160;to $89.1K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Sat, 25 Mar 2017 01:08:20 -0400 United States CFTC Gold NC net positions climbed from previous $106K to $116.3K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Sat, 25 Mar 2017 01:08:17 -0400 GBP/USD SMA cross argues move higher http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 23:01:14 -0400 The recapture of previous swing highs has resulted in a cross of the GBP/USD 50-period above the 200 SMA.<br /><br />The signal emerged on 4-hour charts further bolstering the near-term GBP/USD price structure. While breakout traders will wait for a close above recent tops to negotiate a new bull move, less conservative participants will expect a re-test of the crossing level to prove benevolent for continued upside. Australia CFTC AUD NC net positions rose from previous $43.3Kand#160;to $44.955K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 21:49:25 -0400 United Kingdom CFTC GBP NC net positions declined to and#163;-107.844K from previous and#163;-107.1K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 21:49:11 -0400 European Monetary Union CFTC EUR NC net positions climbed from previous and#8364;-41K to and#8364;-19.662K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 21:49:00 -0400 Japan CFTC JPY NC net positions: and#165;-66.987K vs and#165;-71.3K http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 21:48:45 -0400 Wall Street mixed after action-packed session http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 21:16:07 -0400 Wall Street closed the week in a dramatic fashion as the Republicans pulled their bill to dismantle Obamacare. Although major US equity indices dropped quickly to session lows right after the announcement, losses were limited on President Trump's statements which suggested that the Republicans would start working on the tax reform bill next.  “Whatever the case may be, tax reform was always second on the agenda. What may have changed is that now they’ll go to tax reform next and not come back to this,” Joe LaVorgna, Deutsche Bank AG chief U.S economist, said in a phone interview to Bloomberg. The Dow Jones Industrial Average slipped 59.86 points, or 0.29%, to end at 20,596.72, the S&P 500 gained 2.25 points, or 0.1%, to 2,342.25 and the Nasdaq Composite was up 11.05 points, or 0.19%, at 5,828.74. For the week, the Dow fell 1.5%, while the S&P lost 1.4%, and the Nasdaq dropped 1.2%, highlighting the largest weekly percentage loss of the year for major U.S. stock indexes. The latest Commodity Futures Trading Commission data released on Friday showed that speculators' net bearish bets on U.S. 10-year Treasury note futures fell to their lowest since November on renewed safe-haven bids for bonds in doubts about U.S. President Donald Trump's ability to deliver his economic agenda, according to Reuters. Headlines from the U.S. session Trump: Republicans will probably work on tax reform now We came up short on bill - U.S. House Speaker Ryan US Dollar jumps above 99.50 U.S. drillers added 21 oil rigs in the week to March 24 General expectation for longer term market rates to rise as Fed tightens - Fed's Dudley No need for aggressive rate hikes to keep inflation in check - Fed's Bullard There is further room for economic growth - U.S. Treasury's Mnuchin   Trump: Republicans were 10 to 15 votes short on healthcare vote http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:38:55 -0400 President Donald Trump is making a statement on the healthcare bill in the Oval Office Key quotes (via Reuters) Republicans were 10 to 15 votes short on healthcare vote We have to let Obamacare go its own way for a little while I'm a little surprised by opposition from House Freedom Caucus Trump: Republicans will probably work on tax reform now http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:33:44 -0400 President Donald Trump is making a statement on the healthcare bill in the Oval Office Key quotes (via Reuters) We were very close on healthcare bill, it was a very tight margin With no support from Democrats, we could not quite get there on healthcare bill Obamacare now likely to explode Would be really good is if Democrats got together with us I thanked House Speaker Paul Ryan Ryan worked very, very hard We learned a lot about loyalty Republicans will probably work on tax reform now   Tax reform more difficult - U.S. House Speaker Ryan http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:25:47 -0400 U.S. House Speaker Ryan is crossing the wires talking about the healthcare bill - via Reuters There is a block of no votes that we had ... that is why this didn't pass Chairman of Freedom Caucus told me the votes were not forthcoming We're going to live with Obamacare for the foreseeable future We did not have the votes to replace Obamacare We were close but did not have 216 votes We did everything we could to get consensus Does make tax reform more difficult We are going to proceed with tax reform This loss not prologue for other agenda items Republican conference is disappointed We came up short on bill - U.S. House Speaker Ryan http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:21:10 -0400 U.S. House Speaker Ryan is crossing the wires talking about the healthcare bill - via Reuters we came up short on bill Trump agreed to pull bill This is a disappointing day "we came really close today but we came up short" Trump and White House team gave their all to the bill We will do better, not the end of the story We just didn't quite get consensus today I'm worried Obamacare is so flawed I don't know whether it is possible to prop it up We'll figure out what the next steps are I thought the wise thing to do was to not proceed with the vote US Dollar jumps above 99.50 http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:14:28 -0400 The greenback – tracked by the US Dollar Index – leaped to 99.61 after the media reported that the healthcare bill was pulled from the vote. President Donald Trump is expected to make a statement on healthcare from the Oval Office later in the afternoon. As of writing, the index was flat at 99.55 while the USD/JPY was up 0.23% at 111.20 and the EUR/USD gained 0.15% to 1.0800. This bill is done - House Energy and Commerce Chairman Walden - RTRS http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 20:01:14 -0400 "This bill is done" House Energy and Commerce Chairman Walden said of healthcare bill, and added that it won't come up at a later date - Reuters News Trump: Effort on healthcare bill is over for now - RTRS http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 19:55:32 -0400 President Donald Trump said that effort on healthcare bill was over for now - Washington Post reporter on MSNBC - via Reuters News U.S. House is adjourning for Friday; unclear when it will return - RTRS http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 19:52:26 -0400 According to Reuters News, Republican lawmakers said that the U.S. house is adjourning for Friday; and it's unclear when it will return. Trump asked U.S. House leaders to cancel vote on Republican healthcare bill - RTRS http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 19:47:05 -0400 President Donald Trump has told Republican leaders in the U.S. House of Representative to cancel a planned vote Friday afternoon on a healthcare bill to dismantle Obamacare, a House Republican aide told Reuters. U.S. House of Representatives Speaker Ryan to hold news conference at 4 p.m. edt (2000 gmt) Trump has asked Ryan to pull healthcare bill - CNN House called a recess at the end of debate on the healthcare bill Trump says "we just pulled it"- Wwashington Post reported in tweet Trump asked U.S. house leaders to cancel vote on Republican healthcare bill - House Leadership aide USD/JPY refreshes four-month low http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 19:37:45 -0400 The USD/JPY dropped to 110.62 in the last trading hour of the week as the latest headlines are suggesting that the healthcare bill will not pass the House. Amid a sudden risk aversion, the US dollar index fell to its fresh weekly low at 99.35. Republicans in Congress said they lacked the votes needed for passage - RTRS Following the initial slump, the USD/JPY was able to take back some of the losses and is now down %0.22 at 110.70. In the meantime, major U.S. stock indexes turned negative and sank to session lows minutes before the final outcome of the vote. Investors have been concerned about how the healthcare bill's potential failure might affect President Donald Trump's broader economic agenda, including tax reform, according to a recent Reuters report.  Analysts at BNP Paribas suggest that 111.3 remains an attractive buy level (especially if the squeeze does not materialise) and they continue to expect USD/JPY to rise to 118.2 up to 123.7 by 3Q or 4Q17.     U.S. House Speaker Ryan has told Trump the healthcare bill will not pass the House -CNN - RTRS http://www.bull-trend.com/ Currencies http://www.bull-trend.com/ Fri, 24 Mar 2017 19:13:40 -0400 U.S. House Speaker Ryan has told Trump the healthcare bill will not pass the House -CNN - Reuters News